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stocks headed south on wall street as debate over the fiscal cliff heated up in washington. adding to those worries, word that fitch ratings repeated its threat to strip the u.s. of its triple "a" credit rating if we go over the cliff. the dow fell 99 points, the nasdaq lost 10, the s&p down 11. >> tom: u.b.s., the big swiss bank, is putting accusations of interest rate manipulation behind it. the bank will pay $1.5 billion to settle charges of rigging a key international lending rate. the u.s. justice department also filed criminal charges against two u.b.s. traders, and a unit of the bank itself. the agency calls the bank's conduct, "simply astonishing." >> hundreds of trillions of dollars in mortgages, student loans, credit card debt, financial derivatives and other financial products worldwide are tied to libor, which serves as the premier benchmark for short term interest rates. in short, the global marketplace depends upon all of us relying on an accurate libor. yet u.b.s., like barclay's before it, sought repeatedly to fix libor for its own ends. >> tom: the probe int
stocks headed south on wall street as debate over the fiscal cliff heated up in washington. adding to those worries, word that fitch ratings repeated its threat to strip the u.s. of its triple "a" credit rating if we go over the cliff. the dow fell 99 points, the nasdaq lost 10, the s&p down 11. >> tom: u.b.s., the big swiss bank, is putting accusations of interest rate manipulation behind it. the bank will pay $1.5 billion to settle charges of rigging a key international...
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while in washington, president obama walked into the white house briefing room named for james brady-- the press secretary critically wounded in the shooting of president reagan in 1981-- toalk about gun violence. >> the fact that this problem is complex can no longer be an excuse for doing nothing. >> ifill: instead, in the wake of the massacre at sandy hook elementary school, mr. obama said, "this time, the words need to lead to action" on gun violence. >> the vast majority of responsible law abiding gun owners would be some of the first to say that we should be able to keep an irresponsible law breaking few from buying a weapon of war. i'm willing to bet that they don't think that using a gun and using common sense are incompatible ideas. there is a big chunk of space between what the 2nd amendment means and having no rules at all. >> reporter: to that end, the president announced vice president biden and an administration team will craft recommendations on everything from gun laws to mental health, to be sent to congress by january. >> this is not some washington commission. this
while in washington, president obama walked into the white house briefing room named for james brady-- the press secretary critically wounded in the shooting of president reagan in 1981-- toalk about gun violence. >> the fact that this problem is complex can no longer be an excuse for doing nothing. >> ifill: instead, in the wake of the massacre at sandy hook elementary school, mr. obama said, "this time, the words need to lead to action" on gun violence. >> the vast...
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interested in politics who don't like the republicans who do not like the democrats, who do not like washington, you know what they do like? they like barack obama because they sense something about him that he's not a part of it. so even that first debate there we thought was a debacle, a lot of us people thought "well, i liked that because he's not playing th game, he's not playing gotcha, he's not saying nasty things." that that helped the balance for him. >> rose: i'll tell you who didn't like it, his campaign staff. >> i asked, -- at the end of the interview i said to him i ran into somebody during the course of the campaign who useded to work for you who is now the mayor of a major american city. >> rose: could it be chicago? (laughs) >> and i said to him "what happened, rahm, in that first debate?" and rahm looked at me and said "he haa hawaii moment." and when i said that the president laughed very loudly and he caught himself back and he told this lovely story there meant meant that when things seemed to be going to hell in a hand basket he and rahm would sit in the oval office and thi
interested in politics who don't like the republicans who do not like the democrats, who do not like washington, you know what they do like? they like barack obama because they sense something about him that he's not a part of it. so even that first debate there we thought was a debacle, a lot of us people thought "well, i liked that because he's not playing th game, he's not playing gotcha, he's not saying nasty things." that that helped the balance for him. >> rose: i'll tell...
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what washington, d.c. does best is spend money and they borrow money and they're not going to pay it back. and what we need to do is create that opportunity and what i'm afraid of these faxes on the rich which sounds really -- taxes on the rich which sounds really good. i define rich is anybody who makes more than i do. at the end of the day it's small business men and women who are creating the jobs generally that your husband will be looking for. but what hurts me the most is the fact when we make bad policies in washington, d.c., people lose their jobs. in an average economic recovery, we would have about 10 million more jobs out there for american families and so washington has failed. i think it's because we're trying to manage everything from a big government approach, cindy. keep struggling -- i'm going to keep pushing forward. members of congress don't get free health care. they get plenty of subsidies as well and that's unfair. host: bill king tweets in. guest: the membership of the caucus is fair
what washington, d.c. does best is spend money and they borrow money and they're not going to pay it back. and what we need to do is create that opportunity and what i'm afraid of these faxes on the rich which sounds really -- taxes on the rich which sounds really good. i define rich is anybody who makes more than i do. at the end of the day it's small business men and women who are creating the jobs generally that your husband will be looking for. but what hurts me the most is the fact when we...
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from "the washington post" -- that is an "the washington post." gun owners only we want to hear thinkwhether or not use iyou gun laws should be changed. caller: i do not think gun laws should be changed. in new york, we are in a quandary still with the assault weapons ban. as a citizen in new york, assault weapons did not drop in new york. they still have their own assault weapons ban. you can have assault weapons in new york as long as they are manufactured before 1994. host: what kind of weapon do you own customer caller: i got rid of misl weapons because it was a money thing. i have the small caliber .22's right now. host: hi, ron. what do you think about the gun laws as a gun owner? caller: i have two weapons and i call them weapons because i served in our military. i have a critter gun to take care of small rodent. i would never consider an ar-15 for that purpose and an extended clip for something like rabbits or groundhogs is laughable. i also own a 12 gauge shotgun. as a person who handles an assault weapon, i can tell you they are designed
from "the washington post" -- that is an "the washington post." gun owners only we want to hear thinkwhether or not use iyou gun laws should be changed. caller: i do not think gun laws should be changed. in new york, we are in a quandary still with the assault weapons ban. as a citizen in new york, assault weapons did not drop in new york. they still have their own assault weapons ban. you can have assault weapons in new york as long as they are manufactured before 1994....
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one is a drama and the other has turned washington into a side show. washington -- >> all aboard! >> wall street. which is exactly as it should be. let's go to mickey in michigan. mickey! >> caller: booyah from michigan, jim. >> i'm liking michigan. i'm liking brady from michigan. can you believe he was a walk on? >> caller: today they said their car use is up, they're hiring folks from more business. is it time to get more of discover? and second one, do you think ebay can squash them and buy them out? >> no, i don't think they'll do that. i do like ebay very much. i actually like discover. but it's mastercard, then ebay, then discover. i was a little surprised it was a little weak but the stock has had a major run. john in california. >> caller: booyah, jim, from the sacramento valley of northern california. >> what's going on? >> caller: anyway, i got -- i noticed some activity in the house building around here back around northern california, sacramento valley. my play is berkshire b. what do you think of that? >> i think it actually max sense temperature i campaigned for that
one is a drama and the other has turned washington into a side show. washington -- >> all aboard! >> wall street. which is exactly as it should be. let's go to mickey in michigan. mickey! >> caller: booyah from michigan, jim. >> i'm liking michigan. i'm liking brady from michigan. can you believe he was a walk on? >> caller: today they said their car use is up, they're hiring folks from more business. is it time to get more of discover? and second one, do you think...
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they refer to the clowns american criticism and legal action against russian officials saying washington shouldn't be literally anyone on human rights when it's legalized torture and indefinite detention. also later in the day we're bringing you julian i sounded christmas address as the ed so we could leak smoke six months of asylum in the ecuadorian embassy in london. time magazine named the bronco bar pass and i'll be here calling him the architect of a new america but critics say they need action not words from the president on issues like gun control. or watering all see live from moscow hello and welcome to the program. legit putin has defended russia's position in the latest round over human rights with the you was the president has washington shouldn't be pointing the finger when it's all record of violations goes far beyond anything moscow is being accused of let's now get the details from on t.v. north hello there you go so what's going on there. well the road between moscow and washington around the moneyed ski act and russia replying to it which lawmakers are currently working
they refer to the clowns american criticism and legal action against russian officials saying washington shouldn't be literally anyone on human rights when it's legalized torture and indefinite detention. also later in the day we're bringing you julian i sounded christmas address as the ed so we could leak smoke six months of asylum in the ecuadorian embassy in london. time magazine named the bronco bar pass and i'll be here calling him the architect of a new america but critics say they need...
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we'll take you live to washington. stick around on the "closing bell." >>> time to toast today's close with this. a recent study from william blair showed that amazon is offering a wired selection of products, and it's a little bit cheaper than both walmart and target. so what are the differences? find out next. a recent study from william ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> a toast to today's market close. online, amazon's product selection is 15 to 20 times larger than target and walmart. and the pric
we'll take you live to washington. stick around on the "closing bell." >>> time to toast today's close with this. a recent study from william blair showed that amazon is offering a wired selection of products, and it's a little bit cheaper than both walmart and target. so what are the differences? find out next. a recent study from william ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of...
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"the washington post." the u.s. army will seek the death penalty against staff sergeant robert bells. his defense team says he shouldn't face the death penalty because he was serving his fourth deployment in a war zone. >>> "los angeles times." robert bork died of heart disease. he was solicitor general during watergate. he worked on romney's campaign as a senior judicial adviser. he was 85. >> "the san francisco chronicle," publicly voicing concerns over the new film "zero dark thirty." it tells the story of the hunt for osama bin laden and includes several graphic for tour seasons. the senators called the film "grossly inaccurate and misleading." they would. and said "there is a social and moral obligation to get the facts right," which "zero dark thirty" does. no editorial there. mark. >> "usa today," the air force is turning to espn and other video outlets to help manage its grow ing drones. it did not lead to technological breakthroughs but helped them develop new techniques. 325,000 hours of video material. >>
"the washington post." the u.s. army will seek the death penalty against staff sergeant robert bells. his defense team says he shouldn't face the death penalty because he was serving his fourth deployment in a war zone. >>> "los angeles times." robert bork died of heart disease. he was solicitor general during watergate. he worked on romney's campaign as a senior judicial adviser. he was 85. >> "the san francisco chronicle," publicly voicing concerns...
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and in washington, president obama issued a resounding call to action. >> this is not some washington commission. >> reporter: the president announced a powerful team of cabinet members, now have the new task of creating immediate reforms to prevent more shootings. and the vice president isn't wasting any time in getting to action. today, planning to convene a meeting of top law enforcement officials from all around the country, trying to brainstorm a way forward. live in sandy hook, mark greenblatt. rob and sunny, back to you. >> the fallout from the tragedy, remarkable. thank you for the live report. >>> and the sides placing new restrictions on so-called assault weapons. the white house is also looking at other solutions to the nation's gun problem. among the considerations, better funding for mental health counseling. also, steps to keep society from glamorizing guns and violence. the president is promising to send the idea to congress by the end of january. >>> in response to the washington talk about gun control, sales are surging at gun shops. a store in charlotte, north caroli
and in washington, president obama issued a resounding call to action. >> this is not some washington commission. >> reporter: the president announced a powerful team of cabinet members, now have the new task of creating immediate reforms to prevent more shootings. and the vice president isn't wasting any time in getting to action. today, planning to convene a meeting of top law enforcement officials from all around the country, trying to brainstorm a way forward. live in sandy...
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who were in washington. we spoke to military and intelligence officials, including many state department personnel, and to experts who did not work for the united states government. throughout the process we enjoyed cooperation from the department of state, and the interagency partners. the decision to brief you on the report findings reflect a commit to transparency that the department's -- at the department's highest levels. but we give you a brief introduction to the events that night. then ask admiral mullen if he would then share the findings of the report. then i will return briefly to talk about the overarching recommendations. what happened on september 11 was a series of attacks in multiple locations by unknown assailants that ed and flowed over a period of almost eight hours. the u.s. security personnel were heroic and their efforts to protect colleagues, including ambassador stevens. they did their best that they possibly could with what they had. but they had was not enough. even for the -- eithe
who were in washington. we spoke to military and intelligence officials, including many state department personnel, and to experts who did not work for the united states government. throughout the process we enjoyed cooperation from the department of state, and the interagency partners. the decision to brief you on the report findings reflect a commit to transparency that the department's -- at the department's highest levels. but we give you a brief introduction to the events that night. then...
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as moscow responds to washington's decision to sanction russian diplomats. dramatic leaks of a political career. christmas address on the safety of the london embassy. and time magazine names barack obama for a second time critics say the u.s. president needs to take stronger action such as gun control. on air and online twenty four seventh's. but the mayor putin has slammed america's human rights record citing indefinite detention and sanctioned torture overseas prisons the president has also defended moscow's response to washington's decision to sanction russian officials what he speaking to journalists in the first major news conference since returning to the kremlin that said talk to your piskun off for more on this has sparked this tough rhetoric from putin then. the president has slammed the money's good act passed recently by american lawmakers saying it's a continuation of a series of anti russian laws like the jacksonville act which was abolished just recently when the president. things like that only spoiled relations with moscow but the problem ac
as moscow responds to washington's decision to sanction russian diplomats. dramatic leaks of a political career. christmas address on the safety of the london embassy. and time magazine names barack obama for a second time critics say the u.s. president needs to take stronger action such as gun control. on air and online twenty four seventh's. but the mayor putin has slammed america's human rights record citing indefinite detention and sanctioned torture overseas prisons the president has also...
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he was also a friend to washington state. he forged a great relationship with scoop and maggie that started when scoop jackson actually championed statehood for hawaii, starting as early as the late 1940's. and he played a key role in supporting it and passing it into the hawaii statehood act. and that is something that danny inouye was so appreciative of and they forged a great relationship. and then senator inouye and senator magnuson were great friends and mentors and i had the opportunity many, many years ago to hear both of them at senator magnuson's house in seattle reminisce about their days together, and some of those stories i can share on the floor and some i couldn't. but they were longtime friends. and the one story that is written about in warren magnuson's biography by shelby scates is a story about how the two of them, both appropriators, when mount saint helen's grew up, senator magnuson went to senator inouye and said, we need about a billion dollars for the cleanup of mount saint helen's. if you can manly in
he was also a friend to washington state. he forged a great relationship with scoop and maggie that started when scoop jackson actually championed statehood for hawaii, starting as early as the late 1940's. and he played a key role in supporting it and passing it into the hawaii statehood act. and that is something that danny inouye was so appreciative of and they forged a great relationship. and then senator inouye and senator magnuson were great friends and mentors and i had the opportunity...
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saying repeated requests to washington for security upgrades had been denied. u.s. staffing was inadequate and local libyan forces were poorly skilled and local guards, unarmed. communities between benghazi, tripoli and washington were good the night of the attack there wasn't enough time for forces to get there. >> we had a lot of forces in europe, at sea andmo on land, t was not, it is not reasonable that they could have responded. in a timely way this, is over in a matter of about 20 or 30 minute ootz report says u.s. security at the consulate was forced to leave stevens behind when a second wave began. >> their decision to depart this special mission without ambassador stevens came after efforts of many u.s. security agents to find him, and sean snij a smoke filled building still on fire. >> stevens stepfather spoke to us by phone today saying the report is upsetting because it reveals nature of decisions made, and not made. the report makes 29 recommendations to secretary of state clinton, who has said she'll adopt all 29, including adding marine corps securit
saying repeated requests to washington for security upgrades had been denied. u.s. staffing was inadequate and local libyan forces were poorly skilled and local guards, unarmed. communities between benghazi, tripoli and washington were good the night of the attack there wasn't enough time for forces to get there. >> we had a lot of forces in europe, at sea andmo on land, t was not, it is not reasonable that they could have responded. in a timely way this, is over in a matter of about 20...
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this is not some washington commission, that is not something where folks will be studying the issue for 6 months and publishing a respect -- report that gets read then pushed aside. lou: you will notice that president did not call for concrete proposals on mental health care opublic school security, or any of the other issues at issue in the connecticut shooting last week. at that same pros conference where he demanded gun control proposal, president blasting speaker of the house john boehner or only wants to raise taxes on millionaires. >> if you look at what the speaker has proposed, he has conceded that income tax rates should go up, right now he only wants them to go up for millionaires, if you make 900,000, he thinks you can't afford to pay more in taxes, but principal that rating are going up he has conceded. lou: you recall that president obama spent much of the past year, or year and a half, calling for higher taxes on millionaires and billion airs, the concessions that president referred to, leaving to more demands on the part of the president rather than a deal, congresswo
this is not some washington commission, that is not something where folks will be studying the issue for 6 months and publishing a respect -- report that gets read then pushed aside. lou: you will notice that president did not call for concrete proposals on mental health care opublic school security, or any of the other issues at issue in the connecticut shooting last week. at that same pros conference where he demanded gun control proposal, president blasting speaker of the house john boehner...
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you and i both know washington. i don't remember a time when two very significant and highly qualified public servants have been put through a trial by fire before they were even nominated. i think it's just -- it's sensible and it's the right thing to ask senator hagel to be treated fairly. he has a very, very fine record as a public serve yabt and as a combat veteran of the vietnam war. >> two purple hearts. the head of the atlantic council. also the member of the president's foreign intelligence advisory board right now. this is -- the question was raised and jay carney responded strongly at the white house today. >> senator hagel has been a remarkable servant to this country, a recipient of two purple hearts. he fault for this country and has served this country admirably. >> while this is all going on, secretary clinton was unable to testify today because of her continuing recovery from the concussion, we are told. this as both the house and the senate are taking up the benghazi report. nick, this report was pr
you and i both know washington. i don't remember a time when two very significant and highly qualified public servants have been put through a trial by fire before they were even nominated. i think it's just -- it's sensible and it's the right thing to ask senator hagel to be treated fairly. he has a very, very fine record as a public serve yabt and as a combat veteran of the vietnam war. >> two purple hearts. the head of the atlantic council. also the member of the president's foreign...
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global resources of abc news, with cynthia mcfadden and bill weir in new york city, and terry moran in washington, this is a special edition of "nightline" -- tragedy at sandy hook, the search for solutions. >>> good evening. i'm terry moran. today the shattered community of newtown, connecticut, mourned the young teacher who died trying to protect her first grade class, while school districts across the country are now beefing up security. in the wake of this tragedy, schools nationwide are grappling with the difficult questions about keeping their students safe, including the debate over arming teachers with guns. here's alex perez. >> reporter: she came face to face with unthinkable horror and fought to save her first graders. laid to rest today, 27-year-old sandy hook teacher vicki soto. those remembers her we're green ribb ribbons, her favorite color. her sister jillian, already know what the world is remembering, saying you have been a hero to me for a lot longer than five days. you've been my big sister, the one i've always looked up to. among the mourners, family friend musician paul simo
global resources of abc news, with cynthia mcfadden and bill weir in new york city, and terry moran in washington, this is a special edition of "nightline" -- tragedy at sandy hook, the search for solutions. >>> good evening. i'm terry moran. today the shattered community of newtown, connecticut, mourned the young teacher who died trying to protect her first grade class, while school districts across the country are now beefing up security. in the wake of this tragedy,...
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darren gersh, "n.b.r.," d washington. >> susie: the threat of the fiscal cliff was a big topic at an investor conference in new york today hosted by johnson controls. this wisconsin-based industrial conglomerate is a leading provider of products to make buildings energy efficient, and it's also the world's largest maker of car batteries and automotive seats. c.e.o. stephen roell told me he's worried that uncertainty about the fiscal cliff could hurt consumer confidence, and his business. >> we don't do that. as the consumer, i products to costumers like the big three, that in turn sell to the autowa industry. my biggest concern is how it will affect the psychology of the consumer. i've been surprised, susie, that people continue to buy autobiles. thatouldar is change dramatically. >> sue:e steve, to what extent are the ups and downs impacting your business day to day. >> i think people are holding back on making captain investments. i see that particularly in the building side. from my standpoint, i continue to invest around the world. i'll invest make sure i'm buying the strategies
darren gersh, "n.b.r.," d washington. >> susie: the threat of the fiscal cliff was a big topic at an investor conference in new york today hosted by johnson controls. this wisconsin-based industrial conglomerate is a leading provider of products to make buildings energy efficient, and it's also the world's largest maker of car batteries and automotive seats. c.e.o. stephen roell told me he's worried that uncertainty about the fiscal cliff could hurt consumer confidence, and his...
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it is the fact that washington is broken. i think that makes a lot of decisions for business people out there. starting to make decisions like maybe a leave the country. maybe all scale back my business. maybe i've won't hire anybody. where is the net impact on american business? >> the story of the last three or four years among the weakest recovery we have ever seen is uncertainty, people not knowing what the future's going to hold, and this this book with is the ultimate uncertainty. i think we made tip into recession even if the fiscal cliff is a very short duration. what we have to do is recognize, we are all americans. we have to be competitive. it's time to have a big tax reform. let's set the stage for not only valet to reagan boom, but the clinton boom years. excuses won't work. i think congress will finally get to the point where they have exhausted possibilities, and that is where we always know, we end up with one thing to do. the optimistic scenario. unfortunately, they will try everything else that is wrong. ger
it is the fact that washington is broken. i think that makes a lot of decisions for business people out there. starting to make decisions like maybe a leave the country. maybe all scale back my business. maybe i've won't hire anybody. where is the net impact on american business? >> the story of the last three or four years among the weakest recovery we have ever seen is uncertainty, people not knowing what the future's going to hold, and this this book with is the ultimate uncertainty. i...
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>> shepard: james rosen in washington. lawmakers attending a private screening of stephan spielberg lincoln on capitol hill tonight. the senate majority leader harry reid met with spielberg and the film's star daniel lewis before the showing. the event was exclusively for senators and their spouses but they apparently going the full movie going experience complete with popcorn and candy right inside the congressional auditorium. the life of a congressman. you can now keep tabs on iran's supreme leader and browse through his photos because the ayatollah al khomeini has apparently joined facebook. here is his profile page including instagramed cover photo. remember iran already bans web sites including facebook, and one commenter asked ayatollah if he used a work around to sign up but his staff had apparently started a twitter page for the ayatollah and that's where they posted a link to this new facebook page state department staffers say they will keep an eye on it. nearly one thousand files from the scene of a cet cut mas
>> shepard: james rosen in washington. lawmakers attending a private screening of stephan spielberg lincoln on capitol hill tonight. the senate majority leader harry reid met with spielberg and the film's star daniel lewis before the showing. the event was exclusively for senators and their spouses but they apparently going the full movie going experience complete with popcorn and candy right inside the congressional auditorium. the life of a congressman. you can now keep tabs on iran's...
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paul steinhouser flif washington, thank you. >>> other big news in washington. they're dealing with the fallout from that report on benghazi. one state department official resigned, three others on disciplinary administrative leave after a review cited systemic failures in leadership and management deficiencies. tuesday department officials are set to testify at 8:00 a.m. eastern time this morning. and we now know that next month secretary of state hillary clinton will testify before the house foreign affairs committee about the attacks on benghazi as one of her advisors told the chairwoman of the panel. clinton is said to be feeling better after suffering concussion in a fainting spell. >>> that's good news. seven minutes past the hour. president obama is now declaring a gun control or that gun control is a issue in his second term. he insists he'll use all the powers his presidency to push through meaningful reforms. >> the vast majority of responsible law abiding gun owners would be some of first to say we should be able to keep an irresponsible, law breaking
paul steinhouser flif washington, thank you. >>> other big news in washington. they're dealing with the fallout from that report on benghazi. one state department official resigned, three others on disciplinary administrative leave after a review cited systemic failures in leadership and management deficiencies. tuesday department officials are set to testify at 8:00 a.m. eastern time this morning. and we now know that next month secretary of state hillary clinton will testify before...
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brad in washington, brad? >> caller: hey, jim, merry christmas boo-yah from kirkland, washington. >> kirkland, hey, i like kirkland brand from costco. >> caller: yes, indeed. well, i had a question about another pacific northwest company, gbx, greenbrier. >> i think the stock is inexpensive. i don't know whether -- i don't know who comes back, but i've got to tell you, i do a lot of work with the railroads and we need a lot of cars. i think this is a good buy. it's not going to be, look, if you want a rail, i like ksu. remember that? someone downgraded it the other day. i think that was wrong. how about chris in my old home state of pennsylvania, chris? >> caller: boo-yah from scranton, pennsylvania. >> what's going on? >> caller: not much, not much. i wanted to know what you think about lockheed martin. i saw today the pentagon agreed to buy 30 of their s-35s. but the stock's down a little bit. i wanted to know what your take was -- >> all right. chris, this isn't dunder mifflin, it's a great american company
brad in washington, brad? >> caller: hey, jim, merry christmas boo-yah from kirkland, washington. >> kirkland, hey, i like kirkland brand from costco. >> caller: yes, indeed. well, i had a question about another pacific northwest company, gbx, greenbrier. >> i think the stock is inexpensive. i don't know whether -- i don't know who comes back, but i've got to tell you, i do a lot of work with the railroads and we need a lot of cars. i think this is a good buy. it's not...
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Dec 20, 2012
12/12
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it is a war of words over the fiscal cliff in washington. the president blasting republics today for their refusal to take his latest offer, calling it puzzling. republicans are doubling down on the plan b. he called the veto thrt bizarre and irrational. $500 billion in tax hikes closer to every amerin. >> there has to be a recognition onhe part of my republican friends that take the deal. but they keep on finding ways to say no. i don't know how much of that just has to do with this. it is very hard for them to say yes to me. gerri: what he stated that? >> it is incredibly sad and frustrating, that's what that is. the president, through the entire campaign, says wants a balanced aproach. we have increased spending from 2007 to 2012. $1 trillion. year over year. a trillion dollars. revenues at record highs. >> let's talk for a second about the republican response. gerri: white house is opposition for the backup plan. it is growing more bizarre and irrational by today. is this the kind of conversation that is going to get something done in wa
it is a war of words over the fiscal cliff in washington. the president blasting republics today for their refusal to take his latest offer, calling it puzzling. republicans are doubling down on the plan b. he called the veto thrt bizarre and irrational. $500 billion in tax hikes closer to every amerin. >> there has to be a recognition onhe part of my republican friends that take the deal. but they keep on finding ways to say no. i don't know how much of that just has to do with this. it...
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american legal action against russia saying washington shouldn't be lecturing anyone on human rights. and indefinite detention. in the day we bring you. chris miss address as the editor of wiki leaks mark six months of asylum in ecuador an embassy in london. and time magazine names barack obama person of the calling him the architect of a new america but critics call for action and not just words from the president issues like gun control. from moscow twenty four hours a day. has defended russia's position and over human rights with the us president says washington shouldn't be pointing the finger when it's. far beyond anything being accused of. what exactly. tough rhetoric from putin that. the president of the magnitsky act which he says is a continuation of a series of russian laws passed by american lawmakers like the jackson which was abolished recently according to the president the problem isn't so much in sanctioning russian officials he said that. corruption is a major issue and more attention needs to be paid where russian officials hold their finances their money it's best i
american legal action against russia saying washington shouldn't be lecturing anyone on human rights. and indefinite detention. in the day we bring you. chris miss address as the editor of wiki leaks mark six months of asylum in ecuador an embassy in london. and time magazine names barack obama person of the calling him the architect of a new america but critics call for action and not just words from the president issues like gun control. from moscow twenty four hours a day. has defended...
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to washington's decision to sanction russian diplomats. new dramatic leaks all the noise from a political career in the sun set to outline his plans in a christmas address from the safety of the london embassy. and time magazine named barack obama person of the year for a second time the critics say the u.s. president needs to take stronger action issues such as gun control. twenty four hours a day this is art. that they were put in has slammed america's human rights record citing indefinite detention and sanctioned torture in overseas prisons speaking to journalists the president also defended moscow's response to washington's decision to sanction russian officials let's now talk to lottie's it will fisk enough for more on this. well you know what has sparked this tough rhetoric from pretty. well the president slammed the magnitsky act passed recently by american lawmakers saying that it's a continuation of a series of anti russian laws like the jackson venue which was abolished recently and putin says that the us is a country which is st
to washington's decision to sanction russian diplomats. new dramatic leaks all the noise from a political career in the sun set to outline his plans in a christmas address from the safety of the london embassy. and time magazine named barack obama person of the year for a second time the critics say the u.s. president needs to take stronger action issues such as gun control. twenty four hours a day this is art. that they were put in has slammed america's human rights record citing indefinite...
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others as moscow responds to washington's decision to sanction russian diplomats. new dramatic leaks of a political career during the sun set to outline his plans in a christmas address in a safe london embassy. time magazine names barack obama personally for a second time critics say the u.s. president needs to take stronger action to issues such as gun control. around the world and around the clock twenty four hours a day this is r.t. but he slammed america's human rights record citing indefinite detention and sanctioned torture overseas prisons speaking to journalists the president also defended moscow's response to washington's decision to sanction russian officials. going off listen to what president putin had to say. the president slammed the monied ski act passed recently by american lawmakers saying that it's a continuation of a series of anti russian laws like the jackson veni guy act which was abolished recently and putin says that the us is a country which is still uses prisons like i will graber guantanamo where that's why legions of human rights have b
others as moscow responds to washington's decision to sanction russian diplomats. new dramatic leaks of a political career during the sun set to outline his plans in a christmas address in a safe london embassy. time magazine names barack obama personally for a second time critics say the u.s. president needs to take stronger action to issues such as gun control. around the world and around the clock twenty four hours a day this is r.t. but he slammed america's human rights record citing...
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Dec 20, 2012
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washington would be a ghost town overnight. that is all anybody who is there now knows how to do. >> means of course all of us taxpayers get a lump of coal in our stocking. i want to add another bad bit of news to your list there. melissa: oh, no. >> don't forget state and local pension systems for the exact same reason pension benefit guaranty corporation will get bailout at some point you i'm raid we'll bail out bankrupt pensions systems of california, illinois and some other states in effect copying the greek-french model of economic governance. melissa: yeah. >> it is bad news across the board but definitely bad policy as well because when you reward bad behavior, anybody who has kids knows, what do you get in the future? more bad behavior. melissa: how should we really deal with this from a serious perspective? i'm not in favor of bailing out these agencies. the post office example, let it go bankrupt. let pa of its services go private. somebody could come in, th should be a private equity turn around where you cut costs l
washington would be a ghost town overnight. that is all anybody who is there now knows how to do. >> means of course all of us taxpayers get a lump of coal in our stocking. i want to add another bad bit of news to your list there. melissa: oh, no. >> don't forget state and local pension systems for the exact same reason pension benefit guaranty corporation will get bailout at some point you i'm raid we'll bail out bankrupt pensions systems of california, illinois and some other...
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Dec 20, 2012
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"special report" from washington starts at 6:00 eastern. now back to new york and my colleagues with "the five." ♪ ♪ gregg yeah. so the racist if do and race fist they don't. adolf reed writes in the "new york times" while the republican nomination of tim scott to be the first southern black senator since reconstruction seems like a milestone, it ain't. because scott is not a lefty. according to adolf, ivy league professor, black republicans don't count because they have "been more tokens than signs of progress." for proof adolf points out that scott is staunchly antitax, antiunion, and antiabortion. so i guess adolf thinks all blacks are for high taxes, unions and abortions. no stereotyping there. to say this is racist is pointless. right now we're just deciding how racist it is. i guess to adolf scott is just another cornball brother. this is the big leagues of stupidity, which can only mean the ivy league. political correctness and narrow minded twattal like reed passes as scholarship. this is analysis with the depth of a cereal box
"special report" from washington starts at 6:00 eastern. now back to new york and my colleagues with "the five." ♪ ♪ gregg yeah. so the racist if do and race fist they don't. adolf reed writes in the "new york times" while the republican nomination of tim scott to be the first southern black senator since reconstruction seems like a milestone, it ain't. because scott is not a lefty. according to adolf, ivy league professor, black republicans don't count because...
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this pressure grows in washington to tighten gun laws. the gun maker and stocks took a hit in the aftermath after a rough start to the week. gunmakers started on the road to recovery on wednesday. today smith and wesson is trading lower and the stock has done well by investors with year to date gains of 89% versus about 15% for the s&p 500. it is seeing gapes of 31% so far this year. maybe investors see a rush of americans buying more firearms in anticipation of stricker gun laws or betting that they will stay the same despite the public outrage. either way the u.s. is by far the largest retail gun market in the world with estimates for overall sales for 2012 approaching 20 million firearms. let me give you more perspective on how well they do. more gun retailers today than mcdonald's restaurants and super markets combined. something to think about as the gun debate continues. for more indepth coverage, tune in at 3:00 p.m. eastern from the money newsroom in new york. same time tomorrow. 315 horsepower. what's that in reindeer-power? [ la
this pressure grows in washington to tighten gun laws. the gun maker and stocks took a hit in the aftermath after a rough start to the week. gunmakers started on the road to recovery on wednesday. today smith and wesson is trading lower and the stock has done well by investors with year to date gains of 89% versus about 15% for the s&p 500. it is seeing gapes of 31% so far this year. maybe investors see a rush of americans buying more firearms in anticipation of stricker gun laws or betting...
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"morning joe" live from washington, d.c. is just moments away. l ♪ ♪ you have a heart of gold [ male announcer ] vera wang love. the new diamond bridal collection from vera wang. exclusively at zales. [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers.
"morning joe" live from washington, d.c. is just moments away. l ♪ ♪ you have a heart of gold [ male announcer ] vera wang love. the new diamond bridal collection from vera wang. exclusively at zales. [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brushes and even up...
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Dec 20, 2012
12/12
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southwest to northeast across the northern sections of our state oregon and washington that's why it going to take the better part of today to drop rain in our neighborhoods. here's how today plans out not as cold this morning east bay valleys just as cold as it was yesterday. clouds on the increase by noon, temperatures warmer also breezy low to8ún mid 50s there same through 4:00, rain moves into the north bay by 7:00, temperatures warmer this evening upper 40s to near 50°. tricky travel tomorrowoctdu, sty rain followed by showers, breezy, especially during the morning. rain followed by showers all the way through the weekend temperatures still in the mid to upper 50s. >>> good morning. so far, so good if your travels take you out of novato southbound 101 past 37 into the terra linda area southward look towards lincoln, past the civic center, tail lights southbound moving nicely, no delays. golden gate bridge also looking good, into san francisco, live look at 80 east shore freeway past university avenue and ashby into emeryville moving well, busier than san rafael but not a probl
southwest to northeast across the northern sections of our state oregon and washington that's why it going to take the better part of today to drop rain in our neighborhoods. here's how today plans out not as cold this morning east bay valleys just as cold as it was yesterday. clouds on the increase by noon, temperatures warmer also breezy low to8ún mid 50s there same through 4:00, rain moves into the north bay by 7:00, temperatures warmer this evening upper 40s to near 50°. tricky travel...
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Dec 20, 2012
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this is disingoinous conversation in washington. we're talking about 100 trillion in unfunded liabilities and we're arguing over 800 billion in tax increases on 2% of the population. it really doesn't ask the very difficult question of the middle class, saying long term, do you want to take on a larger tax burden or do you want to make a serious cut to the social spending? right now neither of these plans really address that long-term problem. melissa: john, it does seem like everyone in washington has given up on the idea of trying to fix this problem. i mean that's, all the talk we're hearing about raising taxes. when you're spending $2 for every dollar you're bringing in, there aren't enough taxes in the world to solve that problem. you have to really reform spending. i just don't hear that in these conversations. >> the democrats have put nothing on the table. all they talk about --. melissa: or the republicans really. i mean do you hear anyone on either side really saying we will do serious reform to entitlements? it is only wa
this is disingoinous conversation in washington. we're talking about 100 trillion in unfunded liabilities and we're arguing over 800 billion in tax increases on 2% of the population. it really doesn't ask the very difficult question of the middle class, saying long term, do you want to take on a larger tax burden or do you want to make a serious cut to the social spending? right now neither of these plans really address that long-term problem. melissa: john, it does seem like everyone in...
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taxi in washington d.c. like many other cities you can't always get a cab when and where you need one but when you do catch a taxi and meet its driver and my name is not. i was right you know it's almost for you. like nasser he or she can offer up a reason when and why cabs becomes scarce of them you know. when you're driving cabs to the dad that is. unsafe. to dangerous unsafe and on top of that the business is controlled by a commission that decides everything from how many cabs are on the road to where they can pick up to what they can charge the mid think the fair. because the prices benefit going up as if it is the same thing and making it difficult to rack up those fares and serve customers are the cabs city limits. so we just arrived at reagan airport which is just right outside of washington d.c. and not our cab driver was nice enough to drop us off here only he can't get a return fare back he has to leave and go all the way back to d.c. without anybody in his cab simply because of the regulations. t
taxi in washington d.c. like many other cities you can't always get a cab when and where you need one but when you do catch a taxi and meet its driver and my name is not. i was right you know it's almost for you. like nasser he or she can offer up a reason when and why cabs becomes scarce of them you know. when you're driving cabs to the dad that is. unsafe. to dangerous unsafe and on top of that the business is controlled by a commission that decides everything from how many cabs are on the...
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Dec 20, 2012
12/12
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the gentleman from washington has one minute. mr. smith: i yield myself the balance of my time to close. i really want to close just to emphasize how important the work is that our staffs do. both in the house and the senate. the work that they've done ever since may when we first put together the bill on the house side and then the accelerated time schedule that they had to operate under because the senate waited until december 4 to pass their bill and he to throw together a quick conference report. there are an endless array of critically important legislative issues that are handled in this bill. and the staffs that we have do an amazing job under a tight time line of working together to resolve differences and come up with the best legislation. we have an outstanding staff. we could not do this without them. again i will emphasize i hope this bill shows that it's possible that people who disagree, and you can hear from our debate there are many things we disagree strongly about, certainly republicans and democrats, but also house
the gentleman from washington has one minute. mr. smith: i yield myself the balance of my time to close. i really want to close just to emphasize how important the work is that our staffs do. both in the house and the senate. the work that they've done ever since may when we first put together the bill on the house side and then the accelerated time schedule that they had to operate under because the senate waited until december 4 to pass their bill and he to throw together a quick conference...
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Dec 20, 2012
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thank you washington for all your help. winter does not start until tomorrow. don't try telling these folks that. an extreme storm system leaving millions in trouble in dixie. and new york's long island express expreway is almost always a giant mess but this is incredible. exit 68 on the east side is a wild multi-car pileup. look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get
thank you washington for all your help. winter does not start until tomorrow. don't try telling these folks that. an extreme storm system leaving millions in trouble in dixie. and new york's long island express expreway is almost always a giant mess but this is incredible. exit 68 on the east side is a wild multi-car pileup. look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd...
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Dec 20, 2012
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he's also associate editor of "the washington post." i called you on this today because it baffled me. two apparently contradictory reports in the report. one said there were repeated requests to get security forces brought to that benghazi facility. then later on it said the people did not demonstrate strong and sustained advocacy for support. what is it? >> it's both. they repeatedly requested more security. when they saw there were budget cuts and officials rotated out, they didn't push hard enough. so they asked, they were denied, and then didn't come back to them and didn't rattle the cave. >> is all that passing of the buck -- is the real issue if they asked and asked and asked to the top, would they still have been given a significant military force there given the cia activities in that area? would they have been given what they wanted no matter how they asked for it? >> i don't believe so. i did ask that question of senator corker today who attended the classified briefing. i said was all of this because it was a low profile. t
he's also associate editor of "the washington post." i called you on this today because it baffled me. two apparently contradictory reports in the report. one said there were repeated requests to get security forces brought to that benghazi facility. then later on it said the people did not demonstrate strong and sustained advocacy for support. what is it? >> it's both. they repeatedly requested more security. when they saw there were budget cuts and officials rotated out, they...
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"washington journal" is live on c-span everyday at 7:00 a.m. eastern. >> her first experience was to come in at different ways than every other family here. it is interesting because after dad was sworn in, we went and@p@ took a picture photo of the family behind the oval office desk. that night, we didn't get to move into the white house. nixon had left so quickly and unexpectedly, they left their daughter and son-in-law to pack all of their clothes and belongings. it literally took seven or eight days. we had to go back to our little house in alexandria, virginia, suburbia, the neighborhood we were surrounded with the secret service. and i will never forget that night mom was cooking dinner. literally we are, you know, sitting around the dinner table or a mom is cooking dinner, and she looked over at my dad and said, jerry, something is wrong here. [laughter] she said you just became resident of the united states, and i'm still cooking. [laughter] growing up in white house on sunday evening at 730 eastern and pacific. it is part of four days
"washington journal" is live on c-span everyday at 7:00 a.m. eastern. >> her first experience was to come in at different ways than every other family here. it is interesting because after dad was sworn in, we went and@p@ took a picture photo of the family behind the oval office desk. that night, we didn't get to move into the white house. nixon had left so quickly and unexpectedly, they left their daughter and son-in-law to pack all of their clothes and belongings. it literally...
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Dec 20, 2012
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washington, dc, now, senator daniel inouye who passed away days away is being honored on capitol hill and there is senator bob doles republican presidential candidate, as i am sure you know who has arrived with harry reid who is the majority leader, the senate majority leader and the two are to pay respects this afternoon to daniel inouye of hawaii. this has been going on for hours. they change the guard every half hour and notables come to pay their respects. senator inouye, of hawaii, first served us as a soldier in world war ii and was a senator, get this, for 50 years. inouye was a war hero. he lost his right arm while leading the platoon into battle in italy and awarded the medal of honor and died on monday of breathing complications at age of 88.
washington, dc, now, senator daniel inouye who passed away days away is being honored on capitol hill and there is senator bob doles republican presidential candidate, as i am sure you know who has arrived with harry reid who is the majority leader, the senate majority leader and the two are to pay respects this afternoon to daniel inouye of hawaii. this has been going on for hours. they change the guard every half hour and notables come to pay their respects. senator inouye, of hawaii, first...
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and as a sign remains locked within ecuador's diplomatic mission washington hasn't stopped its prosecution on the whistleblower says we collect spokesman kristinn hrafnsson. well we know about the ongoing. investigation and the secret grand jury you know. there is. an ongoing attempt to find an angle to bring charges against julian and possibly all those working for we tell you as a very serious matter of course very shameful for you obama administration not to stop that for the man who was right even taken four years ago to increase transparency and what we have seen is totally the opposite which hunt against whistleblowers. persons in history who will continue our work as we have just by difficult situation that you has been in the ecuadorian embassy now for six months but problems with your house arrest that hasn't stopped us we have continued to work. the economic blockade has not stopped us either even though we are getting into a dire situation financially but. we have to say that. all out war and i'm sure we have a victory there as well in the new year. an hour's time lead to be pey
and as a sign remains locked within ecuador's diplomatic mission washington hasn't stopped its prosecution on the whistleblower says we collect spokesman kristinn hrafnsson. well we know about the ongoing. investigation and the secret grand jury you know. there is. an ongoing attempt to find an angle to bring charges against julian and possibly all those working for we tell you as a very serious matter of course very shameful for you obama administration not to stop that for the man who was...
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it's wednesday december nineteenth eight pm in washington d.c. i'm meghan lopez and you're watching r.t. six today marks the six month anniversary since wiki leaks co-founder julian a songe took refuge in the ecuadorian embassy in london to refresh your memory as songe was granted political asylum in ecuador in order to escape extradition to sweden where he is wanted for questioning about sexual assaults allegations six months and still this man remains in the middle of an international political standoff between the u.k. sweden the u.s. and ecuador arcee correspondent ana stasia churkin takes a look back at what the past half year has been like for julia songe. at least i have a voice. prisoners rarely even have a voice six long months and counting in a tiny room in london's ecuadorian embassy and joining us on to keep himself busy there been many messages from weeks in. interest between them and we are always going. to create individual privacy as well as exposing corruption which is kind of the secrecy continuing to really secret cables put ou
it's wednesday december nineteenth eight pm in washington d.c. i'm meghan lopez and you're watching r.t. six today marks the six month anniversary since wiki leaks co-founder julian a songe took refuge in the ecuadorian embassy in london to refresh your memory as songe was granted political asylum in ecuador in order to escape extradition to sweden where he is wanted for questioning about sexual assaults allegations six months and still this man remains in the middle of an international...
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he's going to stay in washington to try and get it done. do we expect they'll all sit in their seats trying to hash something out before the new year? >> reporter: well, as i said, the two people who are going to have to do this now again, according to all sides, has to be the president and the speaker. the president is delaying his trip he says. we're going to hear from the speaker about what his plans are. we heard from the senate's top democrat, the senate majority leader he plans to go to the funeral or the memorial service for senator daniel inoyae and a funeral in hawaii and we're up to christmas eve and christmas. the senate won't come back until next week, you can hope when they get back they'll have something to vote on, but it's too close to call right now. we just don't know. >> dana, thank you. appreciate it. >>> like the debate over expiring tax cuts, weather unpredictab unpredictable. just ahead the official start of winter. wisconsin governor scott walker called for a state of emergency as a severe storm now pummels the state
he's going to stay in washington to try and get it done. do we expect they'll all sit in their seats trying to hash something out before the new year? >> reporter: well, as i said, the two people who are going to have to do this now again, according to all sides, has to be the president and the speaker. the president is delaying his trip he says. we're going to hear from the speaker about what his plans are. we heard from the senate's top democrat, the senate majority leader he plans to...
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nature in washington state. as a freight train goes up against a mudslide. your forecast...with rainfall.. ... >>pam: now for a look at our top stories at eight-thirty. a gunman opens fire on a south bay freeway. this was the scene from sky-7 h-d, abc-7 news. police briefly shut the road down, as they searched for evidence this afternoon. the car of a military recruiter was hit four times -- he was *not injured. no word on any arrests. >> the debate over gun control - reaching a tipping point, following a deadly elementary school shooting. today - president barrack obama promised "meaningful action". we now know vice president joe biden will lead a task force that will present a set of gun control recommendations to the president. in newtown connecticut - >> more victims of the school massacre laid to rest. this is video from a vigil, held in a neighboring town today. 27 people were killed in the elementary school shooting -- including the gunman last week. 20 of the those murdered were children. police tonight still searching for a possible motive in the tr
nature in washington state. as a freight train goes up against a mudslide. your forecast...with rainfall.. ... >>pam: now for a look at our top stories at eight-thirty. a gunman opens fire on a south bay freeway. this was the scene from sky-7 h-d, abc-7 news. police briefly shut the road down, as they searched for evidence this afternoon. the car of a military recruiter was hit four times -- he was *not injured. no word on any arrests. >> the debate over gun control - reaching a...
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american legal action against russia saying that washington shouldn't be lecturing anyone on human rights with its record of sanctions definite detention. in the day we bring you christmas address is the editor of wiki leaks mark six months of asylum in ecuador an embassy in london. and time magazine names barack obama person of the year in the architect of a new america but critics call for action and not just words from the president on issues like gun control. you're watching r t broadcasting live from moscow on kerry well they may putin has defended russia's position in the latest round of a human rights with the u.s. the president says washington shouldn't be pointing the finger when its own record of violations goes far beyond anything that moscow has been accused of the details now from. there you go what exactly sparked such tough rhetoric from future. well the president has slammed the moneys p.x. us recently by american lawmakers which he said is a continuation of a series of anti russian loss just like the jackson venice. act which was abolished just recently and according to t
american legal action against russia saying that washington shouldn't be lecturing anyone on human rights with its record of sanctions definite detention. in the day we bring you christmas address is the editor of wiki leaks mark six months of asylum in ecuador an embassy in london. and time magazine names barack obama person of the year in the architect of a new america but critics call for action and not just words from the president on issues like gun control. you're watching r t...
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Dec 20, 2012
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let me bring in molly ball and washington post correspondent. dana, the president said he'd veto it. what's boehner's strategy here? wh where is he going with this? >> he has to negotiate within his own caucus and it is not at all clear that he had the votes here until he started to sweeten it as you were talking about earlier there. he basically needs to appease the hard right in his caucus and he -- this is why it is so unlikely and i think it's always been unlikely that you get anything resembling a deal until the last minute or past the last minute because these guys will not give in unless they absolutely have to. >> republicans seem like they're in a little bit of disarray right now. the conservative club for growth came out against plan b and this is on "the wall street journal" editorial page. by tuesday afternoon even mr. boehner seemed to be throwing up his hands. either way we get a tax increase without a tangible progression on the spending problem. >> is it why the republicans have this? >> this is a significant test of boehner's ab
let me bring in molly ball and washington post correspondent. dana, the president said he'd veto it. what's boehner's strategy here? wh where is he going with this? >> he has to negotiate within his own caucus and it is not at all clear that he had the votes here until he started to sweeten it as you were talking about earlier there. he basically needs to appease the hard right in his caucus and he -- this is why it is so unlikely and i think it's always been unlikely that you get...